Day: June 19, 2013

NGEx Announces Election of Directors

NGEx Resources Inc. is pleased to announce that the nominees listed in the management information circular for the 2013 Annual and Special Meeting of Shareholders were elected as directors of NGEx. Detailed results of the vote for the election of directors held at the Annual Meeting earlier today are set out below.

Guerrero Exploration soars 40% on development update

The second most active stock on the TSX Venture was Guerrero Exploration Inc. It rose 40% and was trading at $0.07 after 2.6 million shares changed hands after the exploration mining company provided a development update on its Cerro Azul property located in Guerrero, Mexico. The company plans to start exploration in quarter three of 2013 pending permit approval by the Mexican Government.

Gold Resource Corporation Drills 4.7 Meters of 3.1 Grams Gold and 2,658 Grams Silver at Arista’s Splay 5

Gold Resource Corporation continues to intercept high grade gold and silver mineralization at its Arista deposit, drilling 4.7 meters of 3.1 grams per tonne gold and 2,658 grams per tonne silver in vein Splay 5. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $83 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Fortuna completes transaction to purchase 100% of the Taviche Oeste Concession

Fortuna Silver Mines Inc. is pleased to announce that the company has made the final US$6.0 million option payment to purchase the remaining 45% interest in the Taviche Oeste Concession. Fortuna now holds a 100% undivided interest in the Taviche Oeste concession which contains the Trinidad North discovery. The company will continue to advance exploration efforts on the high-grade silver-gold Trinidad North discovery which remains open to the north and to depth.

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